Rich Karlgaard of Forbes.com writes about how South Korea’s newly elected President seems to understand economics better than any of our own presidential candidates:
Wouldn’t it be cool if America elected a president in November who said things like this:
“Business is the foundation of the economy, and the economy will recover only when business activities are re-energized,” Mr. Lee said in a wide-ranging interview over the weekend. “And business here means big and small companies–and the workers and management of the companies.”
Unfortunately, this guy is not available. He is South Korea’s President Lee Myung-bak, the former CEO of Hyundai Construction.
How is it that some foreigners understand the ideas behind freedom and capitalism better than America, the country that once believed in and acted upon such ideas and ideals?
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